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Vietnam
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167 Review
416.5 Karma

Review on CoinPayments Wallet by Danh Huỳnh Ngọc Công

Revainrating 4 out of 5

Coinpayments for the global blockchain powered economy

Coinpayments is really the best cryptocurrency processor until now. The low fee, the ease of use, the big number of tools and all other services make it stand out of other processors. For a wallet, it wins on the number of available coins/tokens. For a bussiness processor in blockchain industry, it is the champion right now. I appreciate that it brings mass adoption for blockchain industry



Pros
  • - Coinpayment supports over 1400 cryptocurrencies and the list of them is growing day by day. This is amazing and almost only a few wallets are capable to do this.
  • - The security is ensured by the default 2FA method: email authentication code. It is possible for the users to switch to Google Authenticator anytime as desired
  • - Registration process is so easy that a new account is created within a few minutes. There are two type of registrations for the users of Coinpayments: Personal and Enterprise. Users can choose the one that perfectly describes their businesses
  • - They are transparent about the fees they charge the businesses by showing them right on their websites. Fees for different modes of activities and services are applied. They are known to be good for businesses as the fees are low
  • - Coinpayments offers almost all the best tools that benefit the businesses. GAP600 Instant Confirmations is feature on CP that push the transactions so they will be confirmed faster. All the payments will be held for some minutes before they are processed; therefore, the mistakes in payment will be lessen. Also, Point of Sale or PoS is a interface that simplifies the payment request as easy as possible. There is an app for Coinpayments on both Android and iOS making it super fast to utilize the PoS functions. Besides, some coins and tokens can be automatically converted to other cryptocurrencies to reduce users' fees and time. It occasionally airdrops some newly added cryptocurrencies to its users, too. Finally, fiat currencies settlement is an exclusive function for users in the US and EU
  • - CP aslo provides numerous merchant tools that facilitate the efficiency of online business. These tools are namely Shopping Cart Plugins, Simple Buttons, Advanced Buttons, API & IPNs, Invoice Builder, Point of Sale (POS) Interface, Shopping Cart Buttons, and Donation Buttons. It should not be wrong when saying Coinpayments powers the world economy with blockchain technology
  • - 2,487,500 is the number of vendors using the wallet as their tools for business payments. This is so huge that it proves blockchain is truly the next big thing for the world business
  • - It appeared on many social media such as Yahoo Finance, Cointelegraph, Reuters, Business Wire, and Coin Desk
  • - Some professionals did mention Coinpayments and tell the world how it has benefited the businesses
  • - Their customer support is available 24/7 so if a customer have some problems, he can submit a ticket to get it solved
  • - They have their own blog to educate people on how to make the most of the tools available on their platform
Cons
  • - It requires users to give it many personal information that may get them exposed to someone else
  • - There mobile phone app is simple but not very well-designed. They should update the design on the app and the web too, actually
  • - There are only three available languages so there should be more to reach a wider range of customers